Professional Documents
Culture Documents
PROJECT REPORT
ON
"MARKETING STRATEGIES OF CAMLIN"
EXECUTIVE SUMMARY
Marketing strategy is a process that can allow an organization to concentrate its
limited resources on the greatest opportunities to increase sales and achieve a
sustainable competitive advantage.
Marketing strategies serve as the fundamental underpinning of marketing
plans designed to fill market needs and reach marketing objectives.
Marketing strategy involves careful scanning of the internal and external
environments. Internal environmental factors include the marketing mix, plus
performance analysis and strategic constraints. External environmental factors
include customer analysis, analysis, target analysis, as well as evaluation of any
elements of the technological, economic, cultural or political/legal environment
likely to impact success. A key component of marketing strategy is often to keep
marketing in line with a company's overarching mission statement.
The project title "MARKETING STRATEGIES OF CAMLIN" is the analysis of
the product marketing level in the stationary industry. This project involves the
company overview and the information about the products and their marketing
tactics. In this project I have also analyzed the customer attitude and preference
towards Camlin.
The study has conducted in order to bring out the picture of product quality and its
marketing that exists in this industry and the difference in product quality and
marketing that exists in the market. Like what are the customer's preferences about
the product provided by the stationary industry.
SR.NO
.
CONTENTS
PAGE
NO.
RESEARCH METHODOLOGY
COMPANY PROFILE
12
26
BRAND
5
33
COMPONENTS OF BRAND
MANAGEMENT OF CAMLIN BRAND
37
40
42
59
ANNEXURE
i) QUESTIONNAIRE
ii) BIBLIOGRAPHY
CHAPTER 1
RESEARCH METHODOLOGY
CHAPTER 1
RESEARCH METHODOLOGY
1.2 Secondary Data:Reading literature, case study, articles from business magazine, newspaper, and
internet. Browsing websites for secondary data pertaining to marketing sector.
5
1.3 OBJECTIVES
1.5 Techniques of data analysis:There are many techniques of data collection which is important and necessary to
draw out conclusion of studied work
PIE DIAGRAMS
TABLES
GRAPHS.
CHAPTER 2
STATIONERY BUSINESS IN INDIA
their overall cost without compromising on quality thus producing a good quality
product at competitive price.
Falling under the category of Small and Medium Enterprises in majorly most of the
countries, this sector has lot to offer in terms of employment, tax revenues, it can
be an important source of new innovative products, extensive local knowledge of
resources, and can be a major service provider to the larger organizations.
However, this sector like other sectors have certain bottlenecks which hinder the
growth of this sector like Burdensome regulatory frameworks, Lack of tax
incentives and subsidies, Absence of investor-friendly environment, Lack of access
to finance, Lack of capacity-building programs and inadequate provision of
vocational training etc.
In the international arena India is providing more scope for development and
trends; however, with excellent quality, the Indian products are very much in
demand. The Indian SMEs associated with stationery market has witnessed
tremendous dynamic changes. In the last decade the Indian market has increased
varieties to be exported in markets and has produced big market percentage. Indian
Paper Stationery Industry, which is a part of the huge and scattered Indian
stationery Industry, has been going through tremendous alteration in recent years.
Despite fierce competition from neighboring markets, its scattered nature and the
constantly changing trends, the paper stationery industry makers continue to make
every effort, due to which the fruitful results are coming slowly and steadily.
Indian companies have learnt that innovation, performance and versatility are the
key area to be focused upon. Taking the points under consideration, the
businessmen are now researching and developing new products, as the market is
now more of consumer oriented which is always looking for cost effective
9
prices .This is because of the attitude of buyer which is now ready to spend more if
a reliable product is offered to him.
With seasonal export market which stays from April-June major importing
countries like U.S.A., Australia, Canada, major African countries and Middle East
are the ones which accept Indian designs and style comfortably. With extreme
precautions, and the good quality products offered and new marketing strategies
are followed, the government has also come out with various incentives for SMEs.
Particularly for stationary industry if we quote would be the education
enhancement schemes which are giving growth to this sector. The Indian stationery
market is also influenced by macroeconomic development, national income and
lasts but not the least the ever-growing Indian population. The Indian stationery
Industry is highly unorganized and the organized players are estimated to be less
than the unorganized sector players due to which unorganized stationery players
are expanded throughout the industry and controls major market share.
However, Indian stationary industry is facing major competition from the Importer
especially Chinese manufacturers are the most competitive among all the
otherworld market players as they have an advantage of mass production capacity,
aggressive favorable government export policy, simplified low taxation and well
developed infrastructure.
Indian businessmen involved in the business of stationary items needs to work on
proper research and development of the sector. Design, Colors, Quality, Themes,
reaching the right partners and to find out new markets for their products should be
on their agenda. Government at their level is taking initiatives; however, to bring in
a spurt in the trade there is a need to focus on providing assistance to businessmen
for buying good machinery, necessary infrastructure should be provided, to
10
11
CHAPTER 3
COMPANY PROFILE
12
COMPANY PROFILE
Camlin was set up as a private limited company in 1946 and later converted into a
public limited company and listed on the Bombay Stock Exchange in 1987. The
company is engaged in the manufacturing and trading of art material and stationery
products. The promoters have been in this line of business since 1931. Camlin has
its plants at Vasai, Tarapur and Taloja in Maharashtra; and Jammu in Jammu &
Kashmir. Up to FY06, Camlin operated through three divisions: consumer
products, fine chemicals and pharmaceuticals; which was restructured into the
consumer products and fine chemicals divisions.In order to improve focus and
growth in both the divisions, the management decided to hive off the fine
chemicals division into a separate company. Camlin Fine Chemicals Ltd (CFCL)
was formed in December 2006 and was listed on the Bombay Stock Exchange in
March 2007.
Business Type
Primary
Exporter , Manufacturer
The company has more than 1000 products, a team of more
Competitive
Advantages
No of Staff
Year of
Establishment
Export Markets
Product Range
COMPANYOVERVIEW
D. P. Dandekar started Camlin in 1931 with one product under Horse Brand Ink
Powders and Tablets and followed shortly by Camel Ink, now the company has
nearly 2000 products in colour and stationery. Its products can be categorized as
School & educational products, Fine art & Hobby products and Office Products.
The company is one among the pioneers in almost every product that it
14
15
CAMLIN TODAY
With our 50,000 strong retailer network, prestigious foreign collaborations, large
consumer base, regular interaction with consumers by the sales force and
participation in international trade fairs like Paper world in Frankfurt, Camlin is
now a trusted household name all over India.
We were also the first company in India to adhere to Art & Creative Materials
Institutes world standards in toxicity certifications. Our All India Camel Colour
Contest too has been well-received, holding the record of the highest entries ever
and has been registered in the Limca Book of World Records. We also believe in
encouraging and promoting fine art, which is why our Camlin Art Foundation was
set up.
With many firsts to our credit, we are the pioneers in almost every product that we
make and sell.
1.
2.
We introduced colour categories in India like fine art colours, hobby colours
and fashion colours
colours, water colour tubes, water colour cakes, hobby colours, artists oil colours,
students oil colours, etc. from a front runner.
MARKET SHARE OF CAMLIN
29 Apr, 2010 - Camlin Ltd announced that the Board of Directors has
recommended a dividend of INR 0.50 per share i.e. is 50% on equity share of INR
1 each.
7 Dec, 2009 - Camlin Ltd has announced that the Committee of Directors (CoD) of
the Company, at the meeting held on December 07, 2009, have allotted 56,000
Equity shares of Re. 1/- each to employees who have exercised their option to
apply for equity shares as per the "Camlin Employee Stock Option Scheme, 2008".
The shares are allotted at a price of Rs. 16/- per equity share.
1 March, 2009 - Camlin Board of Directors has decide to incorporate a 100%
subsidiary company for carrying out the new activity of setting up of pre-school;
company has decided to invest INR100 Lac for this venture.
COMPANY BRIEF
'Camlin', a name which everyone prefers, right from nursery class students to the
guardians while purchasing school stationery products. This quality brand from
Camlin Limited has been synonymous with reliability and quality since 1931. The
company is a leading Indian manufacturer and exporter of premium grade
stationery items and art colors. Our range includes oil pastels, poster colors,
water color tubes, water color cakes, hobby colors, white board marker pens,
17
permanent marker pens, wax crayons, artica plastic crayons, artists oil
colors, students oil colors, etc.
Powered with technical expertise and state-of-the-art manufacturing facilities,
Camlin offers a complete line of world class products at highly economical prices.
We believe in offering good value for money to the customer. The focus on quality
has got the Art material Products like writing instruments to conform to EN-71
standards and the coveted ACMI Certification.The company's core valuesentrepreneurial leadership, a belief in innovation, trust, integrity and continuous
learning - comprising all aspects of our business. With its sight on the global
market, Camlin is already exporting to the Asia Pacific Region, Middle East,
Europe and USA.
COLLABORATION WITH JAPAN KOKUYO
Camlin Ltd has entered into a joint venture agreement with Kokuyo S&T Co Ltd, a
100-per cent arm of Kokuyo Co Ltd of Japan, for production of new wave
satationery in India.
Promoters of Camlin Ltd and Kokuyo Co Ltd today announced the signing of a
definitive agreement for setting up the joint venture and the share subscription
agreement thereto.
Camlin said it would seek shareholders' approval for issue of 69,34,00 equity
shares of Re1 each at a price of Rs85 each to Kokuyo S&T Co Ltd on a
preferential basis, in compliance with the SEBI (Issue of Capital and Disclosure
Requirements), subject to requisite approvals, consents and permissions.
18
The promoters of Camlin has agreed to sell 23 per cent current of its equity
shareholding in the company to Kokuyo S&T Co Ltd at Rs110 per fully paid share,
subject to requisite approvals, consents etc.
The sale of 23 per cent equity will trigger an open offer to be made by Kokuyo S
&T Co Ltd to the public shareholders to acquire a minimum 20 per cent equity
capital of Camlin Ltd, at a price of Rs110 per share, in compliance with SEBI
takeover rules.
Upon completion of the transaction, the board of directors of Camlin will be
reconstituted. Dilip Dandekar will continue as chairman and managing director and
Shriram Dandekar as executive director. Kokuyo Co Ltd will have the right to
nominate 4 directors for appointment on the board of Camlin Ltd.
Kokuyo Co Ltd will bring in managerial, marketing, manufacturing and product
research and development skills.
The deal brings together one of the strongest Indian brands in the stationery
industry with an annual turnover of over $80 million and a leading company in
Japan with over 100 years of experience in stationery and furniture products, with
an annual turnover of over $3.2 billion.
Kokuyo Co has expertise in design and construction of office and store interiors,
mail order business, lifestyle retail and distribution.
The two have a complementary product portfolios, which will facilitate sustained
long-term growth for both companies, a joint statement said.
19
quality branded products. This has attracted increased presence from both local and
global players.
The joint venture will also open opportunities for joint exploration of increasing
exports for Camlin products to other countries, and sharing the know-how in
marketing and technologies, the companies said.
QUALITYOFCAMLINPRODUCTS
Camlin Limited is a globally recognized manufacturer and exporter of high quality
art colors and stationery items. We offer our products under the brand name of
"Camlin", a brand trusted by millions for more than 9 decades. Our portfolio
includes Stationery & Writing Instruments, Art Materials, Office Products,
Educational and Hobby Products and Adhesives such as:
Camlin White Board Marker Pens
Camlin Permanent Marker Pens
Camel Wax Crayons
Camel Artica Plastic Crayons
Camel Oil Pastels
Camel Poster Colours (For Students)
Camel Water Colour Tubes (For Students)
Camel Water Colour Cakes (For Students)
Camel Hobby Colours
Camel Artists Oil Colours
Camel Students Oil Colours
Camel Painting Media
Camel Artists Acrylic Colours
21
WorldClassQuality
Every product offered by Camlin Limited is capable of rendering efficient and
durable performance. Our Art material Products conform to the EN-71 standards.
We follow stringent quality control measures at every stage of our process to
ensure flawless production. The finished articles are packaged in superlative
packaging. Camlin is a Public Limited Company, listed on the Bombay Stock
Exchange.
Infrastructure
we are well equipped with ultra modern machines and equipments to produce
world's best range of products for our clients. We have a team of more than 1000
personnel employed across India and a distribution network of more than 50,000
retailers catering to a population of 500 million, we ensure that our writing
instruments and allied products reach every literate Indian. We have a fully
equipped R & D laboratory approved by Dept. of Science and Technology and
FDA.
Education services
There is tremendous opportunity for an exponential growth of the education sector
given the demographic profile of India and the latent demand for quality education.
There is increased competition for getting into quality educational institutions as
several educational institutions do not have adequate infrastructure, trained
teachers and
22
and around Mumbai. The schools have received a good response, in terms of
number of admissions and the company is planning to expand its present to 50
schools by FY13.
Product line extensions: The Company has been extending its product base every
year by adding various new
products to its product line and the company planned to be launch the following
product by this year:
1. Marker range - Textile markers, surgical markers
2. School bags
3. Exam pads
Plans to increase production at its Jammu plant, to utilize the tax holiday:
The Company plans to increase its production at Jammu plant in Jammu &
Kashmir and Vasai plant in Maharashtra. The company intends to increase
production at its Jammu plant going forward, is to utilize the maximum tax
holiday.
COMPETITORS OF CAMLIN BRAND
24
kores intl .
pvt.ltd
Luxor
Writing
Instrument
s
Hindustan
Pencils Ltd
Bril India
Ltd
Faber
Castel
Today's
SWOTANALYSISOFCAMLIN
STRENGTHS: Camlin has more than 50,000 retailer network. The workers who
are working Camlin industry are 90% of the womens power. Camlin will get the
required investment and technology from Kokuyo, which is a strong player in
notebook market in Japan, to enter the Rs 7,000 crore Indian exercise book
segments, says chairman and managing director Dilip Dandekar. In fact, Camlin,
which has been a household name for years, has started looking out for a partner to
get into new business segment, he added.
25
CHAPTER 4
PRODUCT PORTFOLIO OF CAMLIN BRAND
26
27
PRODUCTPORTFOLIOOFCAMLINBRAND
ProductSample
ProductCategory
No.ofProduct(s)
Fine&CommercialArtMaterial
EducationalProducts
Fashion&HobbyColors
ArtistsColors
FlatandWashBrushes
WritingInstruments
28
FINEANDCOMMERCIALARTMATERIALS
05
TransparentPhotoColours
07
LargePaintingKnives
08
MetalPaletteKnivesPremium
09
KingWaterColourPencils
10
Palette
29
EDUCATIONALPRODUCTS
12
CamlinSketchPens
13
CamelSparkleDecorativeCraft
Color
14
CamelWaxCrayons
15
CamelArticaPlasticCrayons
30
16
CamelRedimixStudentColours
FASHIONANDHOBBYPRODUCTS
17
Hobby&FabricColour
18
CamelFrolika3DGlitter
21
CamlinGlassColoursSolvent
Based
31
20
CamelFloriKa3DFineLiners
19
CamelFabricaConeLiner
ARTISTSCOLOURS
01
ArtistWaterColorTubes
02
ArtistWaterColorCakes
32
03
ArtistsAcrylicColors
33
WRITINGINSTRUMENTS
22
CamlinFountainPens
11
CamlinWoodenPencils
23
ScholarMathematicalDrawing
Instruments
24
CamelCarbonPapers
34
CHAPTER 5
MARKETING OF CAMLIN PRODUCTS
35
The product aspects of marketing deal with the specifications of the actual goods
or services, plus how it relates to the end users needs and wants. The range of a
product normally includes supporting elements such as warranties, guarantees, and
support.
2. PRICE:
This refers to the process of setting a price for a product, together with discounts.
The price need not be monetary; it can plainly be what is exchanged for the
product or services, e.g. time, energy, or attention. Methods of setting prices
optimally are in the domain of pricing art
3. PLACE:
Refers to how the product gets to the buyer; for instance, point-of-sale assignment
or retailing. This third P has furthermore at times been called Place, referring to the
channel by which a product or service is sold (e.g. online vs. retail), which
geographic region or industry, to which division (young adults, families, business
citizens), etc. also referring to how the surroundings in which the product is sold in
can influence sales.
4. PROMOTION:
This includes advertising, sales promotion, including promotional education,
publicity, and individual selling. Branding refers to the assorted strategies of
promoting the product, brand, or company.
36
All the 4 marketing p's are also known as "the marketing mix" furthermore are
frequently used by a marketer to plot a plan, and place the foundations of fresh
projects/campaigns, it is a astonishingly useful strategy that has been used ever
since the early 1960's, and will be constant for as long as new-found
projects/campaigns are being produced.
LINE EXTENSION:
In this strategy company introduces additional item in the same product category in
the same brand name. This item may be different in size, packaging, color and so
on. It is available through different specific mix of trade channels e.g. lower end
products are available at general stores and higher end products.
It offers a variety of products to the customer. Line extensions can be innovative. It
also allows company to command more shelf-space at the retail level. Line
extensions work only if the sales are taken away from the competitors.
BRAND EXTENSION:Extending brand name is extended to a product being launched in a new product
category. If new product is not satisfactory in performance, it might affect the
reputation of the companys other products. Most of the times, brand name may not
be appropriate for the new product category. Brand extension advisable to see how
the associations of the parent brand are consistent with the extended brand.
For example, Camlin Colour, Pencils, all types of stationery products
37
brand name or through its wide acceptance in a category, this form of extension is
followed.
BRAND RELAUNCH:It is the process of launching the brand after certain time gap. Companies try to
acquire a brand from other companies and relaunch it with necessary modification.
For example, Camlin premium paper
MULTIBRANDS:This kind of strategy is employed to saturate the market. Additional brands are
introduced to cater to the different segment. Multibrands strategy may not allow
company to focus on companys resources. Because of this profitability get
affected. Competitors brand get affected by the product and sometime own brand
also get affected.
For example, Camlin as a multiple brand in stationery products
NEW BRAND NAME:To make brand name more appropriate, a company puts a new brand name when it
enters a new product category. A new brand again has to be built up, and this is
quite expensive. It should be considered whether the sales and profit estimated
from the new brand.
For example Camel Poster Colors and various other products.
38
CHAPTER 6
COMPONENTS OF BRAND MANAGEMENT OF
CAMLIN BRAND
39
COMPONENTS OF BRAND MANAGEMENT: Brand Awareness:Brand awareness is the starting point in the development of brand equity. It
represents the consumer's ability to recall a brand name when given a product
category (Aaker, 1991).
For example, when a person is asked to name a brand of stationery products , they
40
Brand association:It is associate brand with certain tangible and intangible attributes, a celebrity
endorser or a visual symbol. Most of this association are derived from brand
identity and brand image. Each organization has to carve a brand identity and
develop it further to build strong brands.
Logo and symbol:-
Along with the brand name, companies also use a logo for visual identification. A
logo is pictorial symbol indented to communicate with the consumers. Flags,
pictures, graphical designs and alphabets are all used as logos. It is the piece of
creativity. Logo is a relatively permanent entity for a company.
For example,Camlin. According to the company, the logo represent the
companys outlook, which is positive thinking and also a stress on values
such as integrity, quality, and performances.
41
CHAPTER 7
MEDIA MARKETING OF CAMLIN
42
MEDIAMARKETINGOFCAMLIN
43
CHAPTER 8
DATA ANALYSIS AND INTERPRETATION
44
100
80
60
40
20
0
yes
no
Branded
Non branded
45
Chart Title
8%
Branded
Non Branded
92%
46
Respondents
41
3
14
8
34
Bathing soaps
50
40
30
20
10
0
Respondents
Camlin
41
Kores
Bril
14
Todays
Luxor
47
34
40
35
30
25
20
15
10
0
Cookies
Bar
Wafer
48
Others
How different is Camlin brand the style & Quality comparing with other brands?
a. Not at all different
b. Quite different
c. Very different
20%
Quite different
Very different
31%
49
10%
5%
8%
Quality
Price
Advertisement
All other
77%
INTERNET
PEERS (FAMILY/FRIENDS)
6
15
Interpretation:
A large size of population is influenced by Television and Newspapers.
51
NO OF RESPONDENTS.
28
72
Interpretation:
People are more affected by advertisement with moving image.
52
NO OF RESPONDENTS.
62
38
Interpretation:
More number of people consider advertisement as a source of information rather than a
source of entertainment.
53
ANSWERS.
YES
NO
NO OF RESPONDENTS.
26
74
Interpretation:
Entertaining advertisement does not affect the opinion of customer about the product
54
ANSWERS
YES
NO
NO OF RESPONDENTS.
87
13
Interpretation:
Information provided in the advertisement affect very much on the opinion of consumers
about the product.
55
Does language used in advertisement affects your opinion about the product?
ANSWERS
YES
NO
NO OF RESPONDENTS.
63
37
Interpretation:
Language used in the advertisement affects a lot on the opinion of consumers about the
product.
56
NO OF RESPONDENTS.
52
48
Interpretation:
The effect of intensity is very powerful on the opinion of consumers about the product.
57
Does presence of social issues in the advertisement affects your opinion about
the product?
ANSWERS
YES
NO
NO OF RESPONDENTS.
59
41
Interpretation:
Presence of social issues in advertisements affects very much on the opinion of
Consumers about the product.
58
NO.OF RESPONDENTS
87
13
Interpretation:
Advertisement helps very much in increasing the sales of any product.
59
NO.OF RESPONDENTS
76
24
Interpretation:
National advertisements affect peoples opinion more than the local advertisements.
60
CHAPTER 9
CONCLUSION AND SUGGESTIONS
61
SUGGESTIONS
After the conducted study following recommendations could be sited for
CAMLIN Brand.
Foray into other stationary products like colours, pencils etc under its sole
brand name would not only help in Brand extension but will also enhance
CAMLIN market share.
62
CONCLUSION
Organizations in our era are extremely sensitive as they must be to
demographic, political, technological and economic developments.
Environmental changes most affect strategic perspective. With respect to the
marketing mix, quality in the stationary industry is a key factor.
Finally from the project I have got a complete idea about CAMLIN and how well it
has been successful in maintaining its hold on this tough market competition.
Every business in todays market situation is surrounded by number of challenges
and competitors but how a company deals with them is very important. Even while
facing tough competition CAMLIN is able to maintain its products prices to
affordable level is a major achievement.
CAMLIN has come a long way in Stationary Business. CAMLIN offers a franchise
to operate the market with time tested and repeatedly proven management concepts
and marketing techniques. A CAMLIN franchise enables one to purchase the
experience, reputation, brand awareness, training expertise and marketing support
of the franchisor.
Even customer confidence and value is quite efficiently acquired by CAMLIN
through its practices.
An effective marketing program brings together all of the elements of the
marketing mix to achieve the organizations marketing objectives by delivering to
customers what they want and need. Thus, the most successful companies will be
those that can meet these needs most effectively.
63
ANNEXURE
ANNEXURE
64
QUESTIONNAIRE
1. Name :
2. Age :
3. Sex:
a) Male :
b) Female :
4. Occupation :
1. Do you buy Stationery Products?
a) Yes
b) No
2. Do you use Branded or non branded Stationery ?
a) Branded
b) Non branded
3. Which brand of Stationery products do you use?
Bathing soaps
Camlin
Kores
Bril Ind
Todays
Luxor
Respondents
41
3
14
8
34
c. Advertisement
d. All of three
7. Any suggestions regarding Camlin can specify?
1. From where do you get information about the new product?
a)Television
b)Newspaper
c)Magazines
d)Peers (Family/ Friends)
2. Which form of advertising do you like?
a)Still image
b)Moving image
3. For you advertising is a source of ?
A) Information
B) Entertainment
4. Does entertaining advertisement affect your opinion about the product?
A) Yes
b) No
5. Does information provided in advertisement affects your opinion about the product?
A) Yes
b) No
6.
Does language used in advertisement affects your opinion about the product?
a)Yes
b)No
7.
a)Yes
b) No
8. Does presence of social issues in the advertisement affects your opinion about the
product?
a)Yes
b)No
9. Do you think advertisement helps in increasing sales of any product?
a)Yes
66
b)No
10. Which type of advertisement influences you more?
a)Yes
b)No
11. Which type of advertisement influences you more?
a)National Advertisement
b)Local Advertisement
BIBLIOGRAPHY
67
Magazine referred:
Business Week, a prominent business magazine, in 2010.
WEBLIOGRAPHY:
www.camlin.com
www.markwebtest.netfirms.com
www.quickmba.com
en.wikibooks.org
68